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Pollen Street Sec.   -  PSSL   

Dividend Declaration

Released 07:00 04-Nov-2019

RNS Number : 0550S
Pollen Street Secured Lending PLC
04 November 2019
 

 

Pollen Street Secured Lending plc (the "Company")

DIVIDEND DECLARATION

 

On 1 November 2019, the Directors declared an interim dividend of 12p per ordinary share for the three month period to 30 September 2019. The dividend will be covered by income of 12p, from Company's revenue reserve.

 

The dividend will be paid on 13 December 2019 to shareholders on the register as of 15 November 2019. The ex-dividend date is 14 November 2019.

 

The Company has elected to designate all of the interim dividend for the three month period to 30 September 2019, as an interest distribution to its shareholders. In doing so the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

 

No tax will be deducted at source from the interest distribution paid on 30 September 2019, or from future interest distributions following changes to the taxation of dividends effective from 6 April 2019.

 

The last date for elections for the Dividend Reinvestment Plan is 29 November 2019.

 

 

4 November 2019

 

 

Contact Information:

 


Enquiries:


PSC Credit Holdings LLP

 

+44 (0)20 3948 7379 

Media enquiries:


Camarco

+44 (0)203 757 4994

 

 

Investor information

Further up to date information, including Net Asset Values and share prices, and the latest available monthly newsletter and portfolio information, is provided on the Company's website, which can be accessed via  https://pollenstreetsecuredlending.com/. Information can also be obtained from the Investor Services, ir@pollenstreetsecuredlending.com.

 

 

 

 

END OF ANNOUNCEMENT


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Dividend Declaration - RNS